The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Archie Meeties who wrote (10640)	3/22/2004 12:56:57 PM
From: Steve Lokness	Read Replies (2) of 110194

Archimedes - Horse Crap! You may indeed be correct that it will be hard to use SPR to influence gas prices as mishedlo has suggest but what about the price of oil! That is what I am talking about. The price of oil is high - VERY HIGH - and at these prices the government continues to buy oil even though the SPR is at an all time high. Uh! By doing this the government once again is creating an unnatural "demand". This unnatural demand puts pressures on an otherwise efficient market. WHY? Why is the government doing this now if not to reward the oil producers of the world? I absolutely cannot believe how so many people seem content to justify the governments interferences in the market. Do the oil companies really need the help of the federal government? steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next